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Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra)/ Ahmedabad (Gujarat)/ Prozeal Infra Engineering Pvt. Ltd. has announced their first round of funding led by Chandrakant Gogri s family office arm - Alchemie Ventures. The USD 4 Million (approx. INR 32.5 Crore) investment is for a minority stake at an undisclosed valuation. The funds will be used to scale operations and execute developer-model projects for energy and utility companies. Incorp Advisory was the exclusive investment banker for the transaction, which represents the largest Series-A fundraising transaction in India s Solar EPC space in over 2 years. Business News | Chandrakant Gogri s Family Office Leads a USD 4 Million Series A Investment in Prozeal Infra. ....
Mumbai (Maharashtra)/ Ahmedabad (Gujarat)/ Bangalore (Karnataka) [India], April 5 (ANI/PRNewswire): Prozeal Infra Engineering Pvt. Ltd. has announced their first round of funding led by Chandrakant Gogri's family office arm - Alchemie Ventures. The USD 4 Million (approx. INR 32.5 Crore) investment is for a minority stake at an undisclosed valuation. The funds will be used to scale operations and execute developer-model projects for energy and utility companies. Incorp Advisory was the exclusive investment banker for the transaction, which represents the largest Series-A fundraising transaction in India's Solar EPC space in over 2 years. Prozeal Infra is a home-grown venture founded by two Ahmedabad-based co-founders. The company already has an order book worth INR 1,000 crore (USD 120 million) that will be fulfilled over the next twelve months. In FY25, they expect to exceed INR 1,500 Crore (USD 187.5 Million) in revenue. Manan Thakkar, co-founder at Prozeal, said, "We are ....
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